Author: Patsy Newitt

Thomas Frist Jr., MD, has a net worth of $24.9 billion as of Jan. 31, according to Forbes' net worth tracker. 

The Delaware Supreme Court ruled that financial services company Cantor Fitzgerald properly denied $9 million to former partners under noncompete agreements, Bloomberg Law reported Jan. 29. 

The average cost of employing a provider full time in the fourth quarter of 2023 was $616,273, representing a rising cost of labor, according to data from Kaufman Hall.

Physicians were holding out hope that Congress would choose to halt the 3.37% Medicare pay cut for 2024, but legislators declined to halt CMS' cut in the bill passed Jan. 18 to avert a government shutdown. 

Silver Spring, Md.-based physician Ishtiaq Malik, MD, has been found guilty for sexually assaulting two patients, Montgomery Community Media reported Jan. 29.

A physician assistant has been convicted of 12 counts of healthcare fraud for injecting amniotic fluid into patients in an attempt to manage pain. 

More states have been looking to repeal or reform their certificate-of-need laws with the intention of increasing access to care. 

A married couple living in Birchwood, Tenn., have been sentenced for a $65 million TriCare fraud scheme. 

Becker's has reported on three major payer contract splits and resolutions that have affected ASCs since Dec. 5:

ASCs are facing major obstacles to secure anesthesia as the provider shortage increases and reimbursements decline.